Kucingko Berhad is launching an IPO to raise RM30.0 million through the issuance of 100.0 million new shares at an IPO price of RM0.30 per share. The allocation of proceeds is as follows:
RM17.8 million for capacity expansion, with RM11.9 million dedicated to setting up production branch offices in East Malaysia.
RM4.4 million for setting up a sales office in the USA.
RM4.3 million for working capital.
RM3.6 million for listing expenses.
Wh...
RM17.8 million for capacity expansion, with RM11.9 million dedicated to setting up production branch offices in East Malaysia.
RM4.4 million for setting up a sales office in the USA.
RM4.3 million for working capital.
RM3.6 million for listing expenses.
Wh...
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